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Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin
5.9.2020
Warren Buffett and Berkshire Hathaway cut their position on Wells Fargo as the bet on Barrick Gold and rising inflation fuel the bull case for Bitcoin as well
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex
5.9.2020
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC)...
Tim Draper Heaps Praise on Bitcoin Cash
5.9.2020
Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...
Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags
5.9.2020
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million...
Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap
4.9.2020
A sharp correction in equities markets led Bitcoin price and DeFi tokens to sell-off sharply but have investors turned bearish?
New Exchanger for Cryptocurrencies From Swep.io: Speed, Convenience and No Limits of Exchange Operations
4.9.2020
A team of professional developers from Estonia is launching a new crypto exchanger Swep.io. Being extremely enthusiastic about making a name on the market Swep.io team has serious plans on improving and adding features into their brainchild. Swep.io users can already choose from more than...
IOHK’s proposal for the ETC community could use Cardano or Bitcoin for prevention of 51% attacks
4.9.2020
Will Ethereum Classic's community accept this new solution from Charles Hoskinson's IOHK?
Market Wrap: Bitcoin Tumbles to $9.8K; Investors Continue Plowing Crypto Into DeFi
4.9.2020
Bitcoin price took another dive while DeFi is still looking mighty attractive to investors
Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted In August
4.9.2020
The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
4.9.2020
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...
Sub-$10K Bitcoin price caused $653M open interest drop, largest since March
4.9.2020
Pro traders bullish sentiment softened after Bitcoin futures open interest fell in tandem with traditional markets which also recorded notable losses
Yellow Card CEO reminisces about losing his life savings on LocalBitcoins
4.9.2020
Early mistakes can mean big losses
Price analysis 9/4: BTC, ETH, XRP, LINK, BCH, DOT, LTC, CRO, BNB, BSV
4.9.2020
A dead cat bounce from Bitcoin and altcoins’ critical support levels may attract further selling that could result in lower levels over the next few days
Blockchain Bites: Tether’s Dispute, Buterin’s Fix and 3 Reasons for Bitcoin’s Sell-Off
4.9.2020
Tether disputes allegations of market manipulation, Vitalik Buterin proposes a fix for Ethereum's high gas fees and Voatz weighs in during a federal trial
Bitcoin News Roundup for Sept. 4, 2020
4.9.2020
As the price of bitcoin reels from its biggest drop since Black Thursday, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
4.9.2020
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some...
Bitcoin price dips below $10K as analyst eyes ‘dead cat bounce’
4.9.2020
Bitcoin briefly reenters four figures before a bounce takes the market up $400 in minutes amid highly volatile conditions
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
4.9.2020
Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims to “promote and simplify the use of cryptocurrencies...
First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report
4.9.2020
Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk